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Purchasing Flexible Tanks - Procurement Research Report

Flexible Tanks price data and market research for sourcing professionals

Date Published: December 2017

Overview

ProcurementIQ’s Flexible Tanks procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Flexible Tanks to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.

Flexible Tanks - Recent Price Trend

Prices for flexible tanks declined at the start of the three-year period to 2017, but an uptick in prices at the beginning of 2017 has flattened the annualized growth of market prices during this period to virtual zero. The lack of price growth, in addition to heavy competition among suppliers (which encourages them to keep price shifts minimal), has benefited buyers. The resulting low price.

Flexible Tanks - Total Cost of Ownership

The total cost of ownership for flexible tanks is low. Luckily for buyers, there are minimal hidden costs associated with flexible tanks. The primary cost that suppliers may encounter is the cost of a pump, which is typically $300 to $1,000. Since, on average, the most common sized flexible tank ranges from 10,000 gallons to 20,000 gallons, filling the tanks is a slow and sometimes difficult.

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About this Report

This report is intended to assist buyers of flexible tanks, often called flexitanks, which are large, industrial plastic bladders used to transport various nonhazardous liquids. Flexitanks are designed to fit into freight containers. Buyers of flexible tanks cover a wide range of industries, including construction firms, manufacturers and food products producers. This report does not include flexible intermediate bulk containers, barrels or drums.